Map of Property

West Plaza

For Lease

500-700 W. Jackson St. , Mexico, MO 65265

You can currently find 4 retail space(s) available for lease at West Plaza. Designated use type for space listed here includes strip and retail. Current retail listings at this property total 41,944 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at West Plaza.

Space Available For Lease 4

Contacts

broker
Zachary Harrell, CCIM

Scott F. Harrell & Associates

Property Details

  • Property Type Retail
  • Property Size 119,219 SF
  • Units 14
  • Lot Size 7.39 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Date Updated Nov 27, 2024
Located in the heart of Mexico, MO West Plaza is an extremely well positioned neighborhood shopping center serving the core of Mexico, MO. West Plaza serves a population of +/-12,500 within 3 miles and has a 10 mile trade area of +/-17,000. The center sits just off the signalized intersection of S. Muldrow St. and W. Monroe St. and is surrounded by traffic generators such as; Walgreen's, Dollar General, Ace Hardware, The United State Postal Service, O'reilly Auto parts, Casey's, Taco Bell, Domino's, Shell gas station, Hardee's, Carquest, etc. and is just several blocks west of Downtown Mexico and the courthouse.The West Plaza is a +/-119,291 sf Neighborhood Shopping Center located in the heart of Mexico, MO (County seat of Audrain County) just blocks from downtown and off the signalized intersection of S. Muldrow St. & W. Monroe St. The West Plaza is a true value add opportunity with +/-41,864 sf of retail/office space to lease as well as a +/-10,891 sf out lot that is ready to be developed, leased or sold. West Plaza is priced well below replacement cost at approximately $37.73/sf and has below market rents with an average of +/-$6.32/sf allowing for an investor to realize additional value through lease up, renewals and development of the vacant streetfront lot. Long history of retail tenants such as Dollar General (1970's), Ace Hardware (1970's), Cleek's (1990), Hardee's (1991). NOI and Cap rate shown based on actual in-place income with +/-35% vacancy.Located in the heart of Mexico, MO West Plaza is an extremely well positioned neighborhood shopping center serving the core of Mexico, MO. West Plaza serves a population of +/-12,500 within 3 miles and has a 10 mile trade area of +/-17,000. The center sits just off the signalized intersection of S. Muldrow St. and W. Monroe St. and is surrounded by traffic generators such as; Walgreen's, Dollar General, Ace Hardware, The United State Postal Service, O'reilly Auto parts, Casey's, Taco Bell, Domino's, Shell gas station, Hardee's, Carquest, etc. and is just several blocks west of Downtown Mexico and the courthouse. +/-41,864 sf of retail/office space available in the heart of Mexico, MO including a +/-28,644 sf box anchor. Additionally the property has a +/-10,891 sf pad site located on W. Monroe that could potentially be developed.
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Highlights

  • Well Positioned in the heart of Mexico, MO near downtown
  • Located off Signalized intersection next to Walgreen's
  • Multiple Points of Ingress/Egress through 2 main streets
  • Fantastic Visibility
  • County Seat of Audrain County

Attachments

Getting around

  • 65/100

    Walk Score ®

  • 49/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Mexico, MO
  • Zip Code 65265

Points of Interest

  • Shell

    0.14 miles

  • Break Time

    0.15 miles

  • Casey's General Store

    0.17 miles

  • MFA Oil

    0.33 miles

  • Express Mart

    0.92 miles

  • Brick City Buffet

    0.07 miles

  • Hardee's

    0.10 miles

  • Hill Top Cafe

    0.10 miles

  • Taco Bell

    0.11 miles

  • Pizza Hut

    0.13 miles

  • Domino's

    0.21 miles

  • Dagwood Jr

    0.27 miles

  • Cat's Kitchen

    0.66 miles

  • Dos Arcos

    0.71 miles

  • Sonic

    0.79 miles

  • Goody's

    0.08 miles

  • Mosers

    0.40 miles

  • ALDI

    1.74 miles

  • Walmart Supercenter

    3.56 miles

500-700 W. Jackson St. Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at West Plaza asks $5.25/SF/YR per square foot.

  • The property includes 41,944 square feet of retail space for lease. Of this total, 33,144 square feet are Strip, 8,800 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Zachary Harrell, CCIM

Scott F. Harrell & Associates

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